Oschadbank has changed transfer limits: new rules for clients

The bank has established several types of restrictions to ensure the safety of clients' funds. For example, night restrictions are regulated at 10,000 UAH to prevent operations during the dark hours when the activity of fraudsters usually increases. There are also daily limits for transfers without SMS confirmation, which have been adjusted after numerous cases of fraud. In addition, clients can set individual limits.

According to information from the bank's press service, Oschadbank has clear restrictions for money transactions through the mobile application 'Oschad24/7'. These restrictions were reviewed and adjusted this year to protect clients from fraudsters.

Procedure for transferring funds through the application

For transfers to other banks:

• Open the 'Transfers' section
• Select 'To another bank card'
• Indicate the card for debiting
• Enter the recipient's details and amount
• Agree to the commission
• Click 'Continue'
• Specify the code from SMS/Face ID/Touch ID.

The explanation of money transfer limits in the mobile application 'Oschad24/7' from Oschadbank will facilitate the use of bank services for clients and increase their safety online. The new restrictions will help avoid fraud and unwanted risks during financial operations.